THE DAILY TELEGRAPH: Roman Abramovich, the Russian oligarch, has declared his assets for the first time in more than a decade, disclosing that he has 16 properties, seven cars, 22 bank accounts, six companies, and one football club.The 44-year-old businessman and owner of Chelsea Football Club made the declaration as part of a campaign to run for re-election as a local MP in Chukotka, a remote region in Russia's far east which he used to run on the Kremlin's behalf.
The disclosure is part of President Dmitry Medvedev's anti-corruption drive as he pushes all politicians to declare their assets.
Mr Abramovich's declaration listed seven properties in Britain, two in the United States, three in France, and four in Russia.
They are known to include two houses in Lowndes Square, Belgravia, which are together estimated to be worth up to £150 million; a house in the South of France once used by Edward VIII and Wallace Simpson which he is thought to have spent £30 million; his main Moscow residence, two properties in Aspen, Colorado together worth £30 million, and a luxurious residence in the Caribbean worth £56 million.
The publicity-shy tycoon also disclosed that he owned seven cars, mostly a mixture of high-end Mercedes and BMWs that would altogether cost an estimated £650,000 to buy new. >>> Andrew Osborn, Moscow | Thursday, February 17, 2011
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